E
Seller's Agent in 2021
Emily Fontaine
Coldwell Banker Realty
(207) 944-4263
4 in this area
75 Total Sales
Grand Victorian 1 E Grand Ave Unit 508 Old Orchard Beach, ME 04064
Estimated Value: $717,066 - $765,000
2
Beds
2
Baths
1,204
Sq Ft
$456/mo
HOA Fee
Highlights
- 100 Feet of Waterfront
- Deck
- Wood Flooring
- In Ground Pool
- Property is near public transit
- 4-minute walk to Veterans Memorial Park
About This Home
As of June 2021Embrace summer 2021 and own this incredible penthouse level unit at the Grand Victorian situated in the heart of Old Orchard Beach with direct access to seven miles of Maine's best beaches. Soak in expansive ocean views and salty sea breezes from two private balcony decks. The open concept living space is ideal for relaxing and entertaining. A high-end kitchen with stainless appliances and granite counters, two large bedrooms, two full bathrooms make this unit perfectly accommodating for personal enjoyment or rental income. This unit comes fully furnished with new living area set. Amenities include an indoor swimming pool, fitness center, sauna and two designated parking spaces. Weekly rentals allowed. Pets allowed for owners. On-site rental management available.
Last Agent to Sell the Property
Coldwell Banker Realty Brokerage Phone: 207-282-5988 Listed on: 04/09/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,074
Year Built
- Built in 2006
Lot Details
- 100 Feet of Waterfront
- Ocean Front
- Landscaped
HOA Fees
- $456 Monthly HOA Fees
Home Design
- Victorian Architecture
- Steel Frame
- Shingle Roof
Interior Spaces
- 1,204 Sq Ft Home
- 1-Story Property
- Furnished
- Living Room
- Granite Countertops
- Laundry on main level
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
- 2 Full Bathrooms
- Bathtub
Parking
- Common or Shared Parking
- Shared Driveway
- Paved Parking
- On-Site Parking
- Off-Street Parking
Outdoor Features
- In Ground Pool
- Deck
Location
- Property is near public transit
- City Lot
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Electric Water Heater
Listing and Financial Details
- Tax Lot 1-02508
- Assessor Parcel Number 1EastGrandAvenueUnit508OldOrchardBeach
Community Details
Overview
- 51 Units
- High-Rise Condominium
- Grand Victorian Subdivision
- The community has rules related to deed restrictions
Amenities
- Elevator
- Service Elevator
Pet Policy
- Limit on the number of pets
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 9, 2021
Closed on
Jun 1, 2021
Sold by
Taylor Zachery S and Taylor Julieann
Bought by
Landry Kevin A and Landry Melanie L
Seller's Agent
Emily Fontaine
Coldwell Banker Realty
Buyer's Agent
Libby Hunt
Engel & Volkers Casco Bay
List Price
$500,000
Sold Price
$500,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,017
Avg. Annual Appreciation
9.35%
Original Mortgage
$400,000
Outstanding Balance
$362,938
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$366,814
Purchase Details
Listed on
Sep 7, 2018
Closed on
Nov 7, 2018
Sold by
Boulay Cynthia A
Bought by
Taylor Zachery S and Taylor Julieann
Seller's Agent
Michael Morong
Bean Group
Buyer's Agent
Emily Fontaine
Coldwell Banker Realty
List Price
$425,000
Sold Price
$399,000
Premium/Discount to List
-$26,000
-6.12%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.18%
Original Mortgage
$319,200
Interest Rate
4.7%
Mortgage Type
Unknown
Purchase Details
Closed on
Jun 6, 2007
Sold by
Grand Victorian Llc
Bought by
Boulay Cynthia A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Interest Rate
6.17%
Mortgage Type
Unknown
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Landry Kevin A | -- | None Available | |
| Taylor Zachery S | $399,000 | -- | |
| Boulay Cynthia A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Landry Kevin A | $400,000 | |
| Previous Owner | Taylor Zachery S | $319,200 | |
| Previous Owner | Boulay Cynthia A | $307,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/01/2021 06/01/21 | Sold | $500,000 | 0.0% | $415 / Sq Ft |
| 04/15/2021 04/15/21 | Pending | -- | -- | -- |
| 04/09/2021 04/09/21 | For Sale | $500,000 | +25.3% | $415 / Sq Ft |
| 11/05/2018 11/05/18 | Sold | $399,000 | -6.1% | $331 / Sq Ft |
| 09/26/2018 09/26/18 | Pending | -- | -- | -- |
| 09/07/2018 09/07/18 | For Sale | $425,000 | -- | $353 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $6,963 | $640,019 | $94,319 | $545,700 |
| 2023 | $6,754 | $592,419 | $94,319 | $498,100 |
| 2022 | $6,130 | $500,840 | $85,540 | $415,300 |
| 2021 | $6,004 | $423,980 | $87,780 | $336,200 |
| 2020 | $6,074 | $393,900 | $77,600 | $316,300 |
| 2019 | $6,212 | $400,800 | $77,600 | $323,200 |
| 2018 | $5,713 | $373,400 | $77,600 | $295,800 |
| 2017 | $5,941 | $378,400 | $75,400 | $303,000 |
| 2016 | $5,824 | $376,700 | $73,700 | $303,000 |
| 2015 | $5,718 | $376,700 | $0 | $0 |
| 2014 | $5,605 | $376,700 | $73,700 | $303,000 |
| 2013 | $5,198 | $376,700 | $73,700 | $303,000 |
Source: Public Records
Agents Affiliated with this Home
-
Emily Fontaine
-
Libby Hunt
L
Buyer's Agent in 2021
Libby Hunt
Engel & Volkers Casco Bay
(207) 833-0500
1 in this area
8 Total Sales
-
M
Seller's Agent in 2018
Michael Morong
Bean Group
About Grand Victorian
Map
Source: Maine Listings
MLS Number: 1487062
APN: OOBH-000306-000001-000002-000508
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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